He has received funding from the J. Will it rise even more? With gold and other commodities, the market convention is that prices are based on the prices of the futures contracts that will mature the soonest. Using these prices, the chart below shows how gold has traded over the past 45 years:.
Gold Price Forecast & Predictions for 2021, 2022, 2023, 2025-2030
Gold Price Forecast & Predictions for , , , | PrimeXBT
Gold is one of the most well established and mature markets around when it comes to investable assets. It has been an important commodity in the past, and it has its major uses in electronics and jewelry, but as a market, it is often seen as a great safe haven for a number of reasons. The fact that gold works as a safe haven asset, one that often moves in anti-correlation to the traditional markets, means that the commodity is a great hedge against financial troubles, but it is also an asset that has shown steady and solid growth in value for a long time. Gold is not an asset that is prone to big price swings, or high volatility, but it is known to almost constantly be growing as its uses and market desire keep growing. Also, the fact that Gold is an asset that is scarce, but with an uncertain supply, means the markets are often worth watching and forecasting gold prices for the next 10 years can often lead to positive gains over this long period of time. Because gold has been seen as a valuable asset for thousands of years, it has always been desired and in demand, but it is in more recent history that the market has grown to be what it is today, and what it is today is a rather mature and stable market. More than that, it thrives as a safe haven asset because it not only moves differently to the other markets, but it holds its value well, and grows gently.
Gold Price Forecasts
Discovery One has released the financials of its QT target, a B. Braveheart Resources has results from its Bull River copper -- and now cobalt -- project in B. Vanadium One ponders shipping Mont Sorcier product through Saguenay.
Below you can find a compilation of the latest gold price forecasts by analysts. We are regularly extending this list with new predictions for the price of gold. Please send us a short email, if you miss a forecast by a renowned institution or analyst you would like to have included. We will then consider including that forecast in our outlook. This scenario would require a slowing of the economy or higher than expected inflation rates.